Group Consolidation Accountant

Group Consolidation Accountant
Zego, United Kingdom

Experience
1 Year
Salary
0 - 0
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
As mentioned in job details
Total Vacancies
1 Job
Posted on
Apr 22, 2021
Last Date
May 22, 2021
Location(s)

Job Description

We are Zego - a commercial motor insurance provider that powers opportunities for businesses, from entire fleets of vehicles to self-employed drivers and riders. We combine best-in-class technology with sophisticated data sources to offer insurance products that save businesses time and money.

Since our inception, we have believed that the problem with traditional insurance is that it holds businesses back. It’s too expensive and time consuming, and it no longer suits businesses who use vehicles to earn money. Our products represent a solution to this problem for businesses based across the UK, Europe and beyond.

So far, we have raised over $200 million in funding and we were the first UK insurtech to be valued at over $1 billion. We were also the first to be awarded our own insurance license and recently won Tech Company of the Year 2020.

At Zego, we are proud to say we have a diverse and inclusive team, unified by our shared values and mission. Our people are the most important part of our story and everybody at Zego, no matter their role, has an integral part to play.

Purpose of the role

Following Zego’s Series C fundraise and rapid expansion over the past few years, an exciting opportunity has arisen for a Group Consolidation Accountant within the Finance Function. This is a new full time role within a small, but growing, finance team that delivers financial results to both key external stakeholders and the senior leadership team, ensuring we meet all of their needs and the reports are produced in a timely and efficient manner.

What you will be working on:
  • Preparation of accurate, compliant and timely financial statements, including cashflow statement
  • Carry out high quality consolidation and reporting of the groups financial results by entity on a quarterly and annual basis
  • Own the month end close process to ensure all tasks are completed, including review of balance sheet reconciliations
  • Take ownership of the monthly consolidation and elimination process in the accounting system
  • Work closely with the external auditors and act as the primary point of contact to ensure the audit runs smoothly and delays are addressed promptly
  • Provide appropriate new technical guidance, liaising with external auditors / experts where necessary
  • Ensure the group's accounting policies are adhered to and, if appropriate, updated to reflect the accounting and reporting requirements across the globe
  • Support a robust financial control environment that embodies best practice across the group
  • Take ownership of the accounting of the Group’s share option scheme, including using CapDesk
  • Own the intercompany elimination and reconciliation process
  • Oversee the Group bank accounts and create a high level treasury function
  • Oversee group tax processes including liaison with external tax advisors
  • Quarterly RMAR returns as well as any ad-hoc regulatory returns
  • Collaborate with and support peers in finance on reporting processes and projects
What you will need to be successful in the role:
  • Great communication, collaboration and relationship building skills
  • Dynamic self-starter with a proactive approach to challenges
  • A determination to drive improvements in end-to-end financial accounting and reporting processes
  • Desire to work in a high growth, value driven environment
  • Qualified accountant (ACCA, ACA or similar) with post-qualification experience of financial accounting, reporting and control in a fast paced, ambitious and multinational environment
  • Proven experience of technical accounting
  • Experience with preparing consolidated financial statements
  • Experience with CSOP share option schemes desirable, but not essential
  • Strong IT skills, with advanced excel skills and data manipulation
  • Good knowledge of UK accounting standards and UK tax
  • Previous experience with Netsuite and Solution 7 desired
  • Previous experience in the Insurance industry and multi currency environments
What's it like to work @ Zego?

Zego has a truly international and inclusive team, unified by great ideas and collaborative thoughtfulness. Our people are the most important part of our story and everyone plays an essential role in our journey. We look for people who have expertise, enthusiasm and who are motivated by change. There’s plenty of room to learn and grow, as part of our ongoing training programmes or directly from other experts. You’ll work alongside a talented group of people who respect each other's differences and seek to understand fresh perspectives.


We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, national origin, gender, sexual orientation, age, marital status, or disability status.

Job Specification

Job Rewards and Benefits

Zego

Information Technology and Services - London, United Kingdom
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